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Saudi market sees 8 private deals worth 100M riyals
The Saudi Stock Market "Tadawul" executed 8 private deals totaling approximately 99 million Riyals, involving 3.93 million shares. The largest transaction by value was on the "Sabic" stock, amounting to roughly 21.86 million Riyals for 470,000 shares at a price of 46.52 Riyals per share. This was followed by a deal on the "Maaden" stock valued at 21.27 million Riyals for 341,210 shares at a price of 62.35 Riyals. These private transactions are carried out through agreements between the buyer and seller at a predetermined price, and they mainly impact trading volumes and values without significantly changing the stock price or overall market performance.
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